The data related to finance oriented firms such as banks is very much complete, reliable and accurate. Also, the data handling in such firms is a very sensitive task. Faults and frauds might also occur in such cases. Thus, scraping data proves helpful in countering any sort of fraud and so is a valuable practice in critical situations.
Improved retail services
Retail industries make a large scale and wide use of web scraping. The industry has to manage abundant data based on sales, shopping history of customers, input and supply of goods and other retail services. Also, the pricing of goods is a vital task. Data mining holds huge work at this place. A study of degree of sales of various products, customer behaviour monitoring, the trends and variations in the market, proves handy in setting up prices for different products, bringing up the varieties as per customers’ preferences and so on. Data scraping refers to such study and can shape future customer oriented strategies, thereby ensuring overall growth of the industry.
Expansion of telecommunication industry
The telecom industry is expanding day by day and includes services like voicemail, fax, SMS, cellphone, e- mail, etc. The industry has gone beyond the territorial boundations, including services in other countries too. In this case, scraping helps in examining the existing data, analyses the telecommunication patterns, detect and counter frauds and make better use of available resources. Scraping services generally aims to improve the quality of service, being provided to the users.
Improved functionality of educational institutes
Educational institutes are one of the busiest places especially the colleges providing higher education. There's a lot of work regarding enrolment of students in various courses, keeping record of the alumni, etc and a large amount of data has to be handled. What scraping does here is that it helps the authorities locate the patterns in data so that the students can be addressed in a better way and the data can be presented in a tidy manner in future.